Bustling Inner City Tapas & Cocktail Bar in Prime Growth Area

Description

Business type: cocktail bar with food service

Location: Ipswich, Queensland

Established: 2021

Annual rent: $28,000

Trading days: Thursday to Sunday evenings

Business overview

Established inner-city cocktail bar operating in Ipswich.

Customer base: loyal

Turnover: consistent since 2021

Staff: experienced and reliable

Location

Position: pedestrianised area

Parking: available

Cinemas and gaming area: scheduled to open opposite within 6 months

Capacity

Outdoor seating: approximately 40

Indoor seating: approximately 30

Downstairs function room capacity: approximately 30

Lease

Lease term: 5 years

Options: 2 x 5 years

Annual rent: $28,000

Offering

• Craft cocktails
• Share plates

Online presence

Google reviews: positive

Social media presence: active

Growth

• Extend trading hours
• Increase functions and events
• Increase local marketing
• Extend liquor licence to adjoining property

Reason for sale

Owners relocating overseas for family reasons.

Transition

Current owners: willing to assist with transition